Congress Approves Two-Month Tax Cut Extension, Tees Up Talks on Yearlong Package
Congress on Friday approved a two-month extension of the payroll tax cut, averting a tax hike with a no-drama vote following a week of partisan deadlock.
The House and Senate, taking up the tax cut deal struck by party leaders the day before, each approved the package in a matter of minutes, sending it to the president's desk. The bill keeps the payroll tax rate at 4.2 percent, meaning a family making $50,000 would be spared an increase of roughly $40 per paycheck. The package also extends long-term unemployment insurance and prevents a deep cut in payments to doctors who see Medicare patients.
Under the terms of the agreement struck between House Speaker John Boehner and Senate Democratic Leader Harry Reid, both chambers will next send negotiators to hammer out a yearlong package in early 2012.
Read more: http://www.foxnews.com/politics/2011/12/23/boehner-reid-try-to-bring-tax-cut-deal-over-finish-line/#ixzz1hNSNaKuS
Defeat The Weeper of the House 2012!
VIDEO: House G P Agrees to Extend Payroll Tax Cut
WATCH: Betrayed by Boehner?
quote:
Some Republicans feel 'like Charlie Brown with a football' after the last-minute compromise on the payroll tax cut extension
Obummer to address the nation @ 12:15 (a victory lap).
Obama Gets His Christmas Wish: A Divided G P
quote:
“I cannot support this, but it seems the politics of demagoguery have won over policy and principle with the concession to enact tax policy on two-month basis. This is a sad day for America and further evidences our continuing decline. Men and women of principle are become a dying breed in this Republic...”
-- Facebook posting from Rep. Allen West, R-Fla.
Charles Krauthammer: The GOP’s payroll tax debacle
quote:
The Democrats set a trap and the Republicans walked right into it. By rejecting an ostensibly bipartisan “compromise,” the Republican House was portrayed as obstructionist and, even worse, heartless — willing to raise taxes on the middle class while resolutely opposing any tax increases on the rich.
LISTEN: Hand ver The Gavel?
quote:Highlights of Payroll Tax-jobless Benefits Bill
Mark Steyn and Hugh Hewitt question whether John Boehner should remain as the Speaker of the house in light of the recent payroll tax showdown with President Obama.
quote:
Key features of payroll tax and jobless benefits bill passed Friday by the House and Senate:
—Retains through Feb. 29 the current 4.2 percent rate for Social Security payroll taxes paid by 160 million workers, instead of letting the rate rise to 6.2 percent on Jan. 1.
—Renews federal benefits averaging $300 a week for the long-term unemployed through Feb. 29.
—Prevents 27 percent cut in Medicare payments to doctors; extends other health care fees through Feb. 29.
Reid says milli naire surtax is back on the table in payroll talks
Will be on & off today have guests coming from upstate, & NJ to meet w/ me separately-one for a short visit..one to be a guest through Christmas Eve....keep coming back for updates, & please bookmark our new blog site...also had a great holiday party/dinner last night here in Brooklyn w/ neighbors....
LIVE: Obama Comments On Today's Bill
12:15 moved until after 1 pm...
CNN Poll: Economy still number 1 worry
Obama Signs $1T Spending Bill for 2012
quote:
WASHINGTON – President Obama has signed a $1 trillion-plus 2012 spending bill that sets the day-to-day budgets of 10 Cabinet agencies.
The Senate approved the bill last Saturday in a flurry of year-end activity that was overshadowed by an ensuing confrontation over extending a payroll tax cut. The spending measure locks in cuts that conservative Republicans won from the White House and Democrats this year.
......The White House prevented Republican attempts to block limits on greenhouse gases, mountaintop removal mining and hazardous emissions from utility plants, industrial boilers and cement kilns.
Independents on the Rise as Voters Leave Major Parties
J IN W/ ME in esp. abandoning the republicRATS!
VIDEO:Obama: [To Barbra Wa-Wa] ‘There’s a laziness in me’
Beating a speedy path to Hawaii for fun & games.....w/ major victory in hand! Tanman probably off to cry in his beer...
What $40 Means to President Obama: Treats for His Dog
Michelle Obama Says She'd Live Her Next Life As Bo the Dog
Poll: Just 17 percent of Americans are satisfied with the direction the country is headed
^Bad news...good news:
AP Poll: Santa Claus Is Real
quote:
Just in time for Christmas, a new AP-GfK poll reveals 84 percent of Americans believed in Santa Claus as children, and a majority still say the jolly guy plays a part in their holiday celebrations.
Good Samaritan Santa saved life of family friend
FAA Clears Santa's Sleigh for Fuel-Efficient Christmas Eve Take-Off
By 2-to-1 Margin, Americans Prefer 'Merry Christmas' Over 'Happy Holidays'
Is Michelle Obama's spending 'spiralling out of control'? First Lady 'insisted on $4m trip to Hawaii when her husband wanted local vacation'
quote:
*Barack Obama 'wanted trip to Camp David, Maryland'
*But his wife 'didn't want to disappoint their daughters'
*'Had a pre-holiday shopping spree': National Enquirer
*President flying separately on Friday afternoon
VIDEO:Post Office Orders Letter Carrier to Stop Wearing Santa Suit — He Refuses
VIDEO: ‘Occupy the Manger’: Boston Protesters Perform a Live Nativity — With a Wall Street Spin
The ultimate guide to attacks from anti-Christmas Grinches
quote:
You won’t believe how deep the hatred for this holiday runs
Congressmen save Christmas
quote:
It’s official: C ngressmen Joe Walsh, an Illinois Republican, and Mike Ross, an Arkansas Democrat, have saved Christmas.
Sorry,this is not your child-- or grandchild's WEEKLY READER: Adult biting commentary,comedy & satire is frequently used on this blog; and although thousands view here daily [& We Broke Over 1M Hits-As a Record On The Salem Sites]--if this offends please look away. Meanwhile,please feel free to lift & forward BB's articles, put them on other sites; forward to your e-mail address books ...especially too folks when using the citizen's alerts like actions against Obama Castro Care---by forwarding the links to your email address books,etc.---- it helps to make you---a highly respected "Community Organizer" too .Meanwhile enjoy BB---& check back often/bookmark/tell others. And please bookmark our temporary blog, for use when the lights go out on Blogtowne: www.conservativenewsoftheday.blogspot.com
CHICAGOLAND: Christmas Brings Rampant Thefts Of Baby Jesus Statues, Lawn Decorations...
Christmas Season, Not Holiday Season
Been away from blogging since yesterday afternoon, spending time w/ visitors from out of area at various times...will stay w/ the Christmas theme for now......
WATCH: Human Christmas Tree Protests Holiday Decoration Ban at Staten Island Ferry Terminal
quote:
NEW YORK – A ban on Christmas decorations this year at the Staten Island ferry terminal in a bid to avoid lawsuits sparked an unusual protest Friday.
Self-proclaimed activist and Staten Island resident Scott L Baido found a loophole in the rule imposed at the transit hub by the Department of Transportation and dressed up as a seven-foot Christmas tree, sparking smiles and cheers, myFOXny.com reported.
"It's just a costume," he said from inside the tree which was decorated with tinsel and baubles. "You ever come by here on Halloween? People have the craziest costumes.
Ralph Nader: Christmas should be about family time, not NBA games
quote:
Consumer advocate and four-time presidential candidate Ralph Nader is upset about the over-commercialization of Christmas. He is particularly disappointed that there are five NBA games scheduled for Dec. 25.
VIDEO: Real-Life George Bailey?
Yes, Virginia, Obama Is Santa Claus
quote:
Not believe Obama is Santa Claus! You might as well not believe in fairies...
Do You Know the History of ‘Rudolph the Red-Nosed Reindeer?’
quote:
HANOVER, N.H. (AP) — You know Dasher and Dancer and the rest of the gang. But do you recall, the most “Perfect Christmas Crowd-Bringer” of all?
Last-minute Buyers Top off Strong Shopping Season
Why Atheists L ve Christmas
God is pro-choice: a pro-life Christmas reflection
Military Family Gets a $20,000 Holiday Surprise
Cowboy cheerleader w/ troops
Obama, First Lady Hail Troops With Holiday Message
quote:
WASHINGTON — President Barack Obama is wishing a Merry Christmas and happy holidays to all Americans in his weekly radio and Internet address, with a special message of thanks to the troops.
"Let's take a moment to give thanks for their service; for their families' service; for our veterans' service," the president said Saturday. "And let's say a prayer for all our troops standing post all over the world, especially our brave men and women in Afghanistan who are serving, even as we speak, in harm's way to protect the freedoms and security we hold dear."
The president was joined by his wife, first lady Michelle Obama, in recording the weekly address. Mrs. Obama added her own word of thanks, saying "let's make sure that all of them know just how much we appreciate everything they do."
LIVE: Vatican Midnight Mass
Christmas Miracle! Secret Santas Paying Off Strangers’ Layaway Items
VIDEO: A South Carolina boy gave his $300 in savings to a family that lost everything to a fire
[The Classic] A visit from St. Nick
N RAD Santa Trackers Having Record Holiday
quote:
Online: http://www.noradsanta.org
Christmas... What to do When the Carols Stop at Midnight?
Minn. Congregation Puts on Play Recalling How Christmas Carols Saved Some U.S. Lives in Deadly WWII Battle
WATCH: Holiday lights illuminate New York
quote:
See New York's iconic holiday light displays.
~~~ MERRY CHRISTMAS FROM BROOKLYN ~~~
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BROOKLYN'S CHRISTMAS TRIBUTE TO OUR BRAVE IN UNIFORM
VIDEO: A Soldier's Christmas Call to Action [View FULL SCREEN]
VIDEO: Military Christmas tribute: I'll Be Home For Christmas
WATCH: I Won't Be Home For Christmas
Join w/ me in sending www.operationfirstresponse.org a donation for our wounded warriors
VIDEO:A S LDIERS CHRISTMAS SONG
WATCH: Bring Him Home Santa
VIDEO: I'll Be Going Home For Christmas
VIDEO: Camouflage & Christmas Lights
WATCH: santas soldier
VIDEO: All I Want For Christmas ( Is To Wrap My Arms Around You)
To my Naval Officer nephew, wife & 3 boys as he'll be deployed next Christmas...
WATCH: A Soldier's Christmas
VIDEO: A Soldier's Silent Night
We hope that you were moved, & enjoyed our tribute to the troops...may GOD BLESS THEM!
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